A small range day closes with price range bound. This meets the overall expectation for the Elliott wave count for the short term.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – April 22, 2019 →

Price moved lower but remains above the last short-term low and the short-term invalidation point on the hourly chart.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – March 27, 2019 →

Price remains range bound. Strength within this last session along with the AD line as an indicator of breadth, and VIX as an indicator of volatility, are used to determine the most likely Elliott wave count.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – March 4, 2019 →

A very small range inside day sees the Elliott wave count slightly changed for the short term. A small triangle may be completing.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – February 6th, 2019 →

A very small range sideways day has prompted a slight change to the short-term outlook. The mid and long-term outlook remains the same and has support from classic technical analysis.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 14, 2019 →

Downwards movement today indicated the alternate wave counts may be correct. Price has closed above the support line.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 10th December, 2018 →

A little more downwards movement towards the target has unfolded as expected.

Price remains within the narrow channel on the hourly chart.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 14th November, 2018 →

Downwards movement was expected for the short term. Although price did not make a new low, the candlestick for Friday closed red and the upper wick was long. Overall, this fits expectations.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 19th October, 2018 →

A new all time high was expected for the main preferred Elliott wave count.

Members were advised that a pullback looked to be complete as early as the 11th of September, just two days from the last low.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 20th September, 2018 →

Upwards movement continues exactly as the Elliott wave count expects.

On Balance Volume gives a new signal today to support the Elliott wave analysis.

Continue reading S&P 500 Elliott Wave Technical Analysis – 28th August, 2018 →